free enterprise

noun

: freedom of private business to organize and operate for profit in a competitive system without interference by government beyond regulation necessary to protect public interest and keep the national economy in balance

Examples of free enterprise in a Sentence

Recent Examples on the Web
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Simply put, protectionism is the enemy of free enterprise and American prosperity. Juan Londoño, Baltimore Sun, 10 Aug. 2025 To win back conservatives, renewable advocates must recast their message around freedom, security, and free enterprise — values that clean energy can champion. Leo Schwartz, Fortune, 6 Aug. 2025 The foundation advocates for principles such as free enterprise, limited government, individual freedom, traditional American values and a strong national defense. Hannah Parry, MSNBC Newsweek, 19 July 2025 But this was at least a step in the direction of free enterprise. Walter E Block, Oc Register, 21 July 2025 See All Example Sentences for free enterprise

Word History

First Known Use

1890, in the meaning defined above

Time Traveler
The first known use of free enterprise was in 1890

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Cite this Entry

“Free enterprise.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/free%20enterprise. Accessed 22 Aug. 2025.

Kids Definition

free enterprise

noun
: freedom of private business to operate with little regulation by the government
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